Sabre Ousts Chairman and Brings in Former Continental CEO
Skift Take
Sabre is smart to bring in Kellner and to make a break with the Gilliland era in taking steps toward an IPO. But, private company or not, Sabre handled the transition very clumsily.
Sabre, the parent company of Travelocity, ousted Sam Gilliland as chairman, just a little more than two weeks after awkwardly transitioning him out of his CEO post.
The company appointed Larry Kellner, the former Continental Airlines chairman and CEO, as Sabre's new board chairman, a nice addition as privately held Sabre considers an IPO, possibly in 2014. Sabre says Gilliland will stay on as a director.
Sabre's decision to remove Gilliland from the chairman's post comes after an August 15 pres
